Dog Food and Snacks Market:
Growth opportunities in the dog food and snacks market look promising over the next six years. This is mainly due to the rising health concerns among consumers regarding their pets, trends of pet humanization, increasing demand for healthy and nutritious pet food, growing awareness for animal wellbeing, and rapid urbanization.
Dog Food and Snacks Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The key factors augmenting the growth of the global dog food and snacks market include the growing health concerns of pets among consumers, rapid urbanization, and the expansion in spending power of nuclear families. The increasing dog ownership, led by the rising trends of pet humanization, will strengthen the dog food and snacks market share. Additionally, the surging demand for healthy and nutritious pet food among pet owners, integrated with the growing awareness for animal wellbeing, is encouraging pet owners to choose pet food and snack options. Altering consumer opinion regarding an adequate diet for pet health is also driving the growth of the market.
However, the rising concerns with regards to pet obesity and the strict rules introduced by several pet food associations and federations will hamper the dog food and snacks market growth in upcoming years.
Distributional Channel Segment Drivers
On the basis of distribution channels, Supermarkets/Hypermarkets channel is expected to lead the global dog food and snacks market because of the huge availability of dog food and snacks options on these channels, like E-mart, Walmart, and others. On the other hand, the online channel is anticipated to expand at a faster CAGR over the forecast period imputed by strong demand for the products, 24*7 availability, and the ongoing extension in the e-commerce industry.
Regional Drivers
Based on the region, North America is anticipated to dominate the market due to increasing dog population and tremendous adoption rate among the millennials. Moreover, enhancing consumer awareness about the positive impact of pet food and snack products will further propel the dog food and snacks market growth in this region. On the other hand, the Asia-Pacific region is predicted to grow at a higher CAGR over the forecast period due to the growing trend of nuclear families and adoption of dogs for social comfort, security, and the budding need for companionship among people in this region.
Dog Food and Snacks Market’s leading Manufacturers:
- Nippon Pet Food
- Unicharm Corp.
- Deuerer
- Diamond Pet Foods
- The JM Smucker Company
- Nestlé SA
- Thai Union Group
- Heristo AG
- Blue Buffalo Co. Ltd
- Big Heart Pet Brands
- Colgate-Palmolive Co
- Mars Petcare
Dog Food and Snacks Market Segmentation:
Segmentation by Product Type:
- Food
- Dry Food
- Wet Food
- Treats & Mixers
Segmentation by Distributional Channel:
- Specialized Stores
- Supermarkets/Hypermarkets
- Online
- Others
Segmentation by Ingredients:
- Plant-derived
- Animal-derived
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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